ZuluTrade Broker Review

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ZuluTrade Broker Review


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FAQ

ZuluTrade Broker Review – What We Discovered About ZuluTrade.com Broker

Online trading software ZuluTrade was created for copy trading. As one of the best startups in 2011, it has been recognized as one of the best. Through a lot of restructuring, the company has come a long way. The current ZuluTrade broker looks like this.

Also, we invite you to read our recently updated scam broker reviews for Xpoken, C4U, and 365Falcon. There is a danger to your funds with them!

  1. Regulated Broker Status
  2. HCMC regulates the company
  3. Websites of scammers: www.zulutrade.com
  4. Operational Status: Alleged Forex Scam Broker
  5. Scam listed by: N/A
  6. Owner of the broker: Triple-A Experts Investment Services SA
  7. Greece is the headquarters country.
  8. Founded in 2007
  9. Platforms for online Trading: MT4, proprietary
  10. Mobile Trading is available.
  11. The minimum deposit depends on the brokerage.
  12. There is no deposit bonus.
  13. Trading Crypto Assets: Available
  14. Trading CFDs is an option: Yes, you can trade CFDs
  15. Forex (FX) / Commodities / Indices / Stocks / Cryptocurrencies (Cryptos) are available for trading.
  16. Brokerage determines maximum leverage.
  17. No Islamic Accounts are available.
  18. No free demo account; only live trading accounts are available.
  19. The company accepts US clients: US traders are welcome.
  20. Don’t invest in this broker, according to Global Fraud Protection Experts!

 

Is ZuluTrade Regulated? – Why Does It Matter?

A money-back guarantee is dependent on regulation. ZuluTrade has come a long way from an unregulated startup founded in 2007 by two traders.

Also, the company has partnerships with 64 global brokerages and is expanding. The company operates under the name Triple-A Experts Investment Services SA and is regulated by HCMC. The Terms and Conditions, however, suggest that Cyprus law governs. That’s a red flag number one.

Does the Broker Have a Tier 1 Trading License?

A disclaimer on the website says the company is regulated in the EU, the US, and Japan. We have checked where ZuluTrade regulations originate. It turns out that the leading company has HCMC licenses, but the subsidiaries don’t.

Market Crew Investment Advisor Ltd was acquired by the company, which gained a KFB license. The FSA regulates financial firms, not advisers, in Japan. ZuluTrade does not have this feature.

The US subsidiary of the company is regulated by the CFTC but has been fined by the same regulator and ordered to pay $150,000 and disgorge $80,000 in commissions for breaking regulations. 

After being sold to the Chinese-based Formax Group, the leading company did not obtain local regulations. This concludes our discussion of ZuluTrade Forex software’s alleged principles.

Where Is ZuluTrade Broker Active?

The ZuluTrade review indicates that it is primarily offered in the following countries:

  1. US
  2. Canada
  3. UK
  4. South Africa
  5. Netherlands

Other countries, however, such as Japan, Singapore, and more, see this phenomenon as well. ZuluTrade’s whole point is that it doesn’t provide a trading platform on its own. Find a brokerage that cooperates with them and link your MT4 account to it.

Fraud companies can exploit the ZuluTrade scam in this way.

Also, keep an eye out for scammers such as ActivTrades, Triton Capital Markets, and City Index. Think twice before investing!

What Can ZuluTrade Scam Victims Do?

The ZuluTrade scam must be reported immediately if you fall victim to it. Recently, Global Fraud Protection received numerous ZuluTrade complaints, and we have decided to assist those in need.

Feel free to contact us via online chat to schedule a free consultation. Get your money back before it’s too late! Don’t let scammers take your hard-earned money!

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FAQ Section:

Can I Trade Cryptocurrencies And CFDs With ZuluTrade Broker?

The ZuluTrade broker allows you to copy crypto and CFD trades.

Does ZuluTrade Give a Deposit Bonus When Opening an Account?

The company doesn’t give any bonuses from their side when opening an account.

Is ZuluTrade a MetaTrader 4 Forex Broker?

The ZuluTrade software can be used with an MT4 platform.

Are My Funds Safe With ZuluTrade?

There are a lot of irregularities in ZuluTrade, so we wouldn’t consider it a safe investment.